First-time using property management?

What do rental property managers in Fair Lakes do?

If this is your first-time hiring a rental property manager, you should want to know more about what exactly rental property management companies do.  If this reference doesn't answer all your questions, we're always happy to help.

Collect Rents

Nesbitt Realty deposits rents into an escrow account and from that account we disburse funds to pay bills, income to the real estate investor and fees to the rental property management company.

Keep Records

Nesbitt Realty keeps an accounting of all money and payables. We send monthly statements to the real estate investor and at the end of the year we prepare a 1099 tax document and an annual statement for tax preparation. These records are also available electronically if you prefer.

Deal with the Association

When required, we deal with HOA/COA. If the tenant has violated homeowner or condo association covenants, we give notice to your renter and take steps to put your renter in compliance.  We keep you apprised of notices and necessary actions.

Legal Compliance

Nesbitt Realty ensures that your rental property complies with state laws, local Fair Lakes ordinances, licensing requirements, association rules, Fair Housing laws, insurance requirements, IRS requirements.

Handle Maintenance

Nesbitt Realty manages and dispatches handymen when required. We strive to get work done in a timely fashion at a price and quality acceptable to the landlord.

Inspections

Nesbitt Realty inspects the property at the time of move-in at the time of move-out and from time-to-time during tenancy.

Provide a Level of Separation

This is the one duty that no real estate investor can perform. A level of separation ensures professionalism is always maintained and personal feelings do not enter into the equation. Nesbitt Realty manages tenant relations including maintenance requests, late fee notices. We deal with a laundry list of tenant problems:

  • unauthorized guests, unauthorized pets,
  • parking issues,
  • tenant cleanliness,
  • noise violations,
  • neighbor complaints, etc.

If necessary, we manage the process of prosecuting actions to evict Tenants.

Our Differentiators

Fair Lakes Property Management Resources

Basics

Basic information about what rental managment in Fair Lakes.

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Getting Started

Learn more about getting started with property management

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Find A Tenant

Market your property to rent to find a reliable tenant in Fair Lakes fast.

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Accounting

How does Nesbitt Realty keep track of income and expenses for real estate investors?

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Cost

A breakdown of fees associated with property management services in Fair Lakes

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Vetting

How Nesbitt Realty vets renters for our clients.

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Reserves

What is a contingency reserve account?

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Territory

Where does Nesbitt Realty manage rentals?

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Clients

Who uses Nesbitt Realty management services?

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Contact

Call (703)765-0300 to speak to a property management specialist now.

Email

There is a first-time for everyone.

Do you want know more about the local real estate market?

Our Guide to Real Estate is a handy resource for anyone who wants to investigate real estate facts about Fair Lakes and surrounding areas.  The Guide to Real Estate compiles information about what has sold and what is currently listed, and a couple of compelling facts that you might not know.  Not to mention, our Guide spotlights some elements of residing in Fair Lakes.  Of course, all of this is interesting for purchasers and sellers, but property owners and renters might also find these tools to be quite eye-opening.

More Information

If you've never used a property management company in Fair Lakes before, you should want to learn as much as possible about management and what property managers actually do. Feel free to call and chat about specific questions.

Money in general does not flow from the landlord to the property manager. Money flows from the tenant to the property manager to the landlord.  Fees and commissions are withheld from collected rents. The next step is to learn a little more about what differentiates us from other property managers.

 

At the top of the market under lease in Fair Lakes

Average rentals under lease in Fair Lakes

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